Wells Fargo Clearing Services Data Breach Class Action Investigation

At Console & Associates, our data breach lawyers are closely examining the recent Wells Fargo Clearing Services data breach. This data breach was disclosed following a cyber security incident which affected an undetermined number of names, Social Security numbers, and brokerage account numbers.

What Happened?

Wells Fargo Clearing Services recently disclosed a data breach after a potential data security incident. Unauthorized access to files containing sensitive consumer information was discovered during an investigation. The compromised data may include:

• Names
• Social Security numbers
• Brokerage account numbers

On September 19, 2024, Wells Fargo Clearing Services sent data breach letters to individuals whose information was compromised.

Steps To Take If You Were Affected By A Data Breach

1. Monitor all accounts and credit reports closely
2. Consider freezing your credit
3. Look out for phishing attempts using information from the Wells Fargo Clearing Services data breach
4. Change passwords for affected accounts
5. Enable two-factor authentication where possible

For more detailed guidance, explore our “Guide for Victims of a Data Breach” to better understand measures you can take to protect yourself after a data breach.

Wells Fargo Clearing Services Overview

Wells Fargo Clearing Services, LLC is a subsidiary of Wells Fargo, headquartered in St. Louis, Missouri. The Wells Fargo Clearing Services provides clearing and custody services to brokerage firms that are unaffiliated with Wells Fargo Corporation. Operating under the name “First Clearing,” Wells Fargo Clearing Services employs over 946 people and generates approximately $141 million in annual revenue.

Wells Fargo Clearing Services Data Breach Victims Have Rights - Don’t Wait to Act

 How do you know that you were affected by the Wells Fargo Clearing Services data breach? Usually victims receive a NOTICE OF DATA BREACH in the mail, but the impact of a breach can be felt long before notices are sent to those affected. This can be in the form of fraudulent financial activity and other forms of identity theft.

 If you believe you were affected, we encourage you to reach out to our data breach law firm for legal assistance through a no-cost consultation about your situation. We will review your eligibility to file a data breach class action lawsuit and discuss your legal rights and any compensation that may be available to you.

Complete our confidential contact form below and a member of our legal team will be in touch.